"The Big Brother" is back? After showing the delivery order, GameStop's stock price doubled before the market opened

Wallstreetcn
2024.06.03 11:48
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"Roaring Kitty" posted on the Reddit platform again after three years, showing a screenshot of a GME transaction statement, and shared a picture of a reverse Uno card on social media X

Before the US stock market opened on Monday, GameStop (GME) surged by as much as 105%, then retraced some of the gains, as the "Roaring Kitty" seems to have truly returned, igniting market enthusiasm.

On the news front, the leading individual investor in the US stock market, known as "Roaring Kitty," shared a delivery order of over a billion US dollars for GME.

On Sunday, "Roaring Kitty" posted a screenshot of the delivery order on his Reddit account "DeepF-Value." The screenshot shows that he has bought 5 million shares of GameStop at a price of $21.27 per share, with a total value of up to $115.7 million.

In addition, "Roaring Kitty" also bought 120,000 call options with a strike price of $20 and an expiration date of June 21st, with a total value of approximately $65.7 million.

This is the first post on Reddit from this account in three years. As of now, the authenticity of the delivery order mentioned above has not been verified.

Furthermore, on Sunday, "Roaring Kitty" also posted a picture of a green "reverse Uno card" on X (formerly Twitter). Last week, the video game retailer GameStop announced the completion of a previously disclosed stock issuance of approximately $933.4 million by selling 45 million shares, which once again boosted the stock price.

It is worth mentioning that the reason "Roaring Kitty" holds such a high position in the eyes of individual investors is because from 2020 to 2021, he led the "meme stock battle" against Wall Street institutions.

In addition, other US stocks favored by individual investors also saw gains, with AMC Theatres surging by as much as 30% pre-market, and stocks like SunPower, Beyond Meat, BlackBerry Ltd, and Reddit Inc showing relatively strong performance